HS-Code Description
HS Code of 900590 (BINOCULARS, MONOCULARS, OTHEROPTICAL TELESCOPES ANDMOUNTINGS THEREFOR; OTHERASTRONOMICAL INSTRUMENTS ANDMOUNTINGS THEREFOR, BUT NOTINCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY)

Description:

BINOCULARS, MONOCULARS, OTHEROPTICAL TELESCOPES ANDMOUNTINGS THEREFOR; OTHERASTRONOMICAL INSTRUMENTS ANDMOUNTINGS THEREFOR, BUT NOTINCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY.

HS codes falls under this category.

Incentives of 900590 (BINOCULARS, MONOCULARS, OTHEROPTICAL TELESCOPES ANDMOUNTINGS THEREFOR; OTHERASTRONOMICAL INSTRUMENTS ANDMOUNTINGS THEREFOR, BUT NOTINCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
90059010 Duty Drawback 1.2
90059020 Duty Drawback 1.2
90059090 Duty Drawback 1.2

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

PLEASE NOTE: TOTAL INCENTIVE EQUALS SUM OF MEIS AND DUTY DRAWBACK.FOR INSTANCE, FOR Other FALLING UNDER HS CODE: 150290 INCENTIVES FROM THE GOVERNMENT IS 0.15%.

HS Codes Product Description Reward under MEIS
90059010 Parts and accessories (including mountings):Of binocular or telescopic of heading 9005, other than mountings 0.3%%
90059020 Parts and accessories (including mountings):Mountings for astronomical instruments 0.3%%
90059090 Parts and accessories (including mountings):Other 0.3%%
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